Quartier 21, the company overseeing the development of the new urban district of the same name in Hamburg, said it has sold five further projects at the site. This means that 85% of the space has now been sold to private and commercial investors.
Quartier 21, the company overseeing the development of the new urban district of the same name in Hamburg, said it has sold five further projects at the site. This means that 85% of the space has now been sold to private and commercial investors.
A consortium consisting of Hochtief Projektentwicklung and Hamburg Team Gesellschaft für Projektentwicklung has been developing an entire urban district on the site of the former Barmbek General Hospital (AK) with living area, offices, retail and catering outlets, as well as childcare, fitness and healthcare facilities since late 2007.
The contracting partners have agreed not to disclose details of the purchase price in the latest sales.
Integra Seniorenimmobilien, a subsidiary of Norddeutsche Vermögen Holding, will be constructing and operating a nursing care home with a gross floor space of 7,200 m2 on construction lot 1. To do this, a glass corridor will be used to connect an existing building with a new one.
Overall the complex will have a gross floor space of almost 4,500 m2. The former hospital administration wing on Rübenkamp on construction lot 4 was sold to a commercial investor. The building is being extended and will have a gross floor space of almost 4,500 m2. Around 3,300 m2 of residential space is to be created here by mid-2012.
The three hospital pavilions on construction lot 5 have also been purchased by a commercial investor. These listed buildings with a gross floor space of a good 7,100 m2 will be converted into 44 rental apartments with a total living area of 4,750 m2, by the end of 2011.
